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Commission Boss Urges Caution On EU Pandemic Insurance

Commission Boss Urges Caution On EU Pandemic Insurance By Law360 is providing free access to its coronavirus coverage to make sure all members of the legal community have accurate information in this time of uncertainty and change. Use the form below to sign up for any of our weekly newsletters. Signing up for any of our section newsletters will opt you in to the weekly Coronavirus briefing. Sign up for our Insurance UK newsletter You must correct or enter the following before you can ...
Ed Harris Martin Croucher John Berrigan European Commission Occupational Pensions Authority European Insurance
Source: law360.com

EU system needed for dealing with failing insurers, EU official says

3 Min Read LONDON (Reuters) - A new mechanism for shutting failing insurers smoothly could help maintain trust in the sector as part of a review of capital rules that is unlikely to come into effect before 2025, European Commission officials said on Tuesday. FILE PHOTO: European Union flags flutter outside the European Commission headquarters in Brussels, Belgium, December 24, 2020. REUTERS/Yves Herman/File Photo The bloc is reviewing its five-year old “Solvency II” capital requirements for...
City Of United Kingdom Huw Jones Carolyn Cohn John Berrigan Thomson Reuters Trust Principles

Talks on digital financial services

Today saw the start of a series of Virtual Talks on the three central priorities of the ECOFIN Council for this half-year, organised by the Portuguese Presidency of the Council of the European Union. Entitled “Digitalisation in Financial Services: a new landscape with new players and new objectives”, this Fridays conference was chaired by the Portuguese Secretary of State for Finance, João Nuno Mendes. In his opening speech, the Secretary of State said that this cycle of three virtual talk...
Nuno Mendes John Berrigan Leonardo Gambacorta Digitalisation In Financial Services European Union Portuguese Presidency Of The Council

EU to consider lessons from frenzied retail trading on Wall Street | Hellenic Shipping News Worldwide

The European Union will consider potential lessons from the recent frenzied trading by retail investors on Wall Street in its broad review of consumer protection in markets, a senior European Commission official said. The rise of retail investors in share trading is a trend that cannot be prevented but it has to be managed, said ...
Huw Jones Mark Potter John Berrigan Alison Williams Gamestop Corp European Union

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EU to consider lessons from frenzied retail trading on Wall Street

The European Union will consider potential lessons from the recent frenzied trading by retail investors on Wall Street in its broad review of consumer protection in markets, a senior European Commission official said on Friday. The rise of retail investors in share trading is a trend that cannot be prevented but it has to be managed, said John Berrigan, head of the EU executive's financial services unit. Online trading came to the fore last month after retail investors following the Reddi...
Retail Investors John Berrigan The European Union Share Trading European Commission Consumer Protection
Source: yahoo.com

Financial institutions general regulatory news, January 2021 # 2 | Hogan Lovells

Regulatory permissions: FCA reminds firms to use or cancel DB pension transfer advice: FCA Assessment Tool and latest data analysis FCA MoU with DWP and MaPS Consumer investments data review 2020: FCA summary CMC charges for financial products and services claims: FCA CP21/1 FCA Regulation round-up UK Regulators Network: second publication of performance scorecards EU economic and financial system: European Commission Communication on further steps to foster openness, strength and resilience IF...
United Kingdom Hogan Lovells John Berrigan Steven Maijoor United Kingdom Payment Service Providers Psps European Banking Authority

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